Africa Re profits soar in 2014
African reinsurer Africa Re has posted a solid set of results for 2014, driven by strong underwriting profits and steady investment results.
PartnerRe Wholesale partners with Dubai Starr
PartnerRe Wholesale, the wholesale division of PartnerRe, has partnered with Turkish insurer Dubai Starr.
Integro buys UK broker
Broker Integro has acquired UK broker NPA Insurance Broking Group.
Ryan Specialty launches property MGU
Ryan Specialty Group’s underwriting division, RSG Underwriting Managers (RSGUM), has launched a managing general underwriter (MGU).
SCOR: sidecars and cat bonds will always attract reinsurers
Catastrophe bonds and sidecars will always have a role to play for reinsurers, says Augustin Gas, retrocession manager at SCOR.
Xchanging Claims Services MD steps down
Max Pell, the managing director of Xchanging Ins-sure Service (XIS) and Xchanging Claims Service, is set to step down in the second quarter of 2015.
JLT Specialty raids Willis
JLT Specialty has poached over 20 Willis executives to fill its specie, fine art and jewellery ranks.
Quindell shares freeze after £17m error
Insurance outsourcing firm Quindell saw its shares suspended from trading for hours yesterday (April 1) after an accounting error was discovered.
Evolution among ILS funds could jeopardise buyers’ attraction
The evolution of the ILS funds’ business model to look more like traditional reinsurers is diluting the differentiation of these structures which originally attracted interest from primary buyers.
Potentially $60m of cost savings in Montpelier Re acquisition
The acquisition of Montpelier Re could mean that Endurance will generate substantial annual cost synergies of more than $60 million.
